The project will include approximately 723 parking spaces, about 600 of which will be within a parking structure.
InfiniSys electronic architects are designing the technology and other electronics. Parkcrest Builders is the general contractor. Ted Trout Architects, Spectrum Design of Houston and Cardinal Engineering of Norman designed the project. Innovative Real Estate Companies will provide management.
“We are excited about developing an urban infill product in Norman that will resonate with university students and other millennials,” said Marcel Arsenault, CEO of Real Capital Solutions, Louisville, Colo.
Norman City Council members approved land use and zoning changes in November to allow for construction of the complex.
“The University of Oklahoma is home to roughly 24,000 undergraduate students enrolled in on-campus programs,” said Tim Fredregill of Real Capital Solutions. “While students are required to live on campus during their first year at the university, most opt to live off campus afterwards. We believe The Millennium will be a popular choice for them.”